President Trump was expected to calm markets but he did exactly the opposite by introducing the 30 day travel ban from Europe. The move will multiply economic costs that were about to be significant anyway due to numerous restrictions. Markets are in a pure panic mode with OIL down 6% and indices down between 4 and 5%. DE30 was at 9600 points at one moment – the lowest level since 2016.

Daily Summary: The Two Faces of AI – Market Fuel and Costly Burden
BREAKING: JOLTS data beats expectations!
US Open: Wall Street loses momentum as AI costs and Middle East tensions cool sentiment
Market Wrap: Europe is catching up🔼 Will Eurozone CPI data determine the ECB’s rate hike?